ORLANDO, Fla., May 26, 1999 - Marriott Vacation Club
International (MVCI) announced today plans to launch a new vacation ownership
resort brand -- Horizons(TM) by Marriott Vacation Club. Solidly positioned
in moderate tier, Horizons by Marriott Vacation Club represents a significant
expansion for MVCI and entrance into the fastest growing segment of the
vacation ownership industry. Currently, the moderate tier accounts for
over 55 percent of the U.S. market. Over the next several years, Horizons
by Marriott Vacation Club will develop resorts in the nation's top southeastern
and southwestern vacation destinations.

The first Horizons by Marriott Vacation Club resort will be built in
Central Florida with completion scheduled for early 2001. With a high priority
on recreational amenities and properties designed to create a sense of
community, initial Horizons resorts will offer ownership for $9,000 to
$13,000 per week.

"Our goal is to revolutionize the industry with a brand of resorts created
to deliver great on-site fun, flexibility, quality and affordability,"
said Stephen P. Weisz, president, Marriott Vacation Club International.
"Come to Stay -- Plan to Play will be the hallmark of each Horizon resort."

Marriott International, Inc. (NYSE: MAR) also operates 41 quality-tier
Marriott Vacation Club International resorts with more than 135,000 owners.
Over a five-year period (1998-2002), the company plans to double the size
of its total MVCI portfolio.

MARRIOTT INTERNATIONAL, INC. is a leading worldwide hospitality company
with over 1,800 operating units in the United States and 53 other countries
and territories. Marriott Lodging operates and franchises hotels under
the Marriott, Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace
Suites, Fairfield Inn, SpringHill Suites and Ramada International brand
names; develops and operates vacation ownership (timeshare) resorts under
the Marriott Vacation Club International brand; operates conference centers,
and provides furnished corporate housing through its ExecuStay by Marriott
division. Other Marriott businesses include senior living communities and
services, wholesale food distribution, and procurement services. The company
is headquartered in Washington, D.C. and has approximately 135,000 employees.
In fiscal year 1998, Marriott International reported total sales of $8.0
billion.

Note: This press release contains "forward-looking statements" within
the meaning of federal securities law. These forward-looking statements
include, among others, statements concerning the company's outlook for
1999 and beyond; the interim housing market, the lodging industry; business
strategies and their anticipated results; and similar statements concerning
anticipated future events and expectations that are not historical facts.
The forward- looking statements in this press release are subject to numerous
risks and uncertainties which could cause actual results to differ materially
from those expressed in or implied by those statements.